Question 29 (1 point) Typical Commercial Risks covered by an Export Credit Insurance policy include (#,#,#) while Political Risks covered include (#,#.#): 1. Foreign Importer Insolvency 2. Cancellation of export and import permits by foreign government 3. Blockage of Funds or transfer difficulties 4. Default of Importer 5. Repudiation or unilateral termination of the contract. 6. War, Hostilities or revolutions (1,2,3), (4,5,6) (2,4,5), (1,3,6) (1,4,5), (2,3,6) 1. Foreign Importer Insolvency 2. Cancellation of export and import permits by foreign government 3. Blockage of Funds or transfer difficulties 4. Default of Importer 5. Repudiation or unilateral termination of the contract. 6. War, Hostilities or revolutions (1,2,3), (4,5,6) 5 (2,4,5), (1,3,6) (1,4,5), (2,3,6) (3,5,6), (1,2,4) (2,3,5), (1,4,6) Question 30 (1 point) Before contacting an external party to collect from a client, an exporter should: A. Determine the total balance outstanding OB. Negotiate new payment amounts and payment schedules C. Gather necessary invoices, proof of shipment or completion of performance of contract, and gather all email communication between exporter and importer D. Contact the Importer directly to understand the cause of non-payment E. All of the above 3 Question 33 (1 point) The following is not a common main cause mentioned in the text/class for a dispute arising: A. Payment Terms B, Quality , Quality Issues C. Letters of Guarantee D. Foreign Exchange Rate Fluctuation E. Documentation Error Question 35 (1 point) When a neutral party helps conflicting parties avoid litigation by meeting with the parties separately to determine each party's dispute and needs, and then issues a recommendation, the following method of dispute resolution is occurring: Fact Finding Mediation Litigation Conciliation Arbitration